Italians and Spaniards wealthier than Germans

A study by the Bundesbank has found that Germans are actually poorer than Italians or Spanish people. The study found that the average income of German citizens is quite high, at €195,000 gross, but this figure is the sum of all assets, divided by the number of families considered. In fact, the median wealth is much lower: €51,000 net. The results take not only income, but other factors such as savings, retirement insurance and real estate, into account. While only 44% of Germans own their homes, in Italy the percentage rises to 68% and it is 83% in Spain. However, the research does not account for a crucial detail: that property is wealth, not income.

Ferrara opens new residence for impoverished divorced men

In Ferrara, Italy, a special residence is opening its doors, for divorced males in economic difficulty. The 120 square meters will be equipped with a kitchen, common dining room, two bathrooms, and three rooms that can be divided into 7 sleeping quarters. In addition, there will be a vegetable garden Read More.

How many Italians have become poor after marital split

In Italy, there is no longer a doubt that poverty increases when marriages fail. After the end of the marriage, among other things, the couple is forced to redefine their living arrangements. And, within this context, the charitable association Caritas attests to an increase in the number of individuals who Read More.

New government assistance for poor families: animal voucher

The Italian municipality of Trieste has decided to help citizens who are in economic difficulty take care of their pets. A special fund has been set up that will provide a €30 coupon that can be spent on necessities for one’s pet, especially for visits with the veterinarian. This assistance Read More.

Bikers build homes for poor families in Romania

More than 130 bikers in Romania helped to build houses for 16 poor families in Cumpana, in the South – Eastern Romania. They worked together with the future house owners and specialists from the Habitat for Humanity non-profit organization the weekend 2-4 of June. They not only pour concrete and Read More.

Italian middle class is disappearing

In Italy, for some time now, it is no longer possible to divide the population into the standard social classes that used to be applied. Take, for example, blue-collar workers, who are almost extinct, or the middle class, that has within it, numerous income levels that are much less consolidated Read More.

Finally a state stands up against lunch shaming

New Mexico is the first American state to prohibit lunch shaming. A punitive practice that is widespread in the U.S. That humiliates students who are unable to pay regularly for school lunches. The new law, proposed by a group of associations and Democratic politicians, which was approved last week, prohibits Read More.